Seven Hills Realty Trust (SEVN) Scheduled to Post Quarterly Earnings on Monday

Seven Hills Realty Trust (NASDAQ:SEVN) is set to issue its quarterly earnings data after the market closes on Monday, July 29th. Investors interested in registering for the company’s conference call can do so using this link.

Seven Hills Realty Trust Stock Up 0.9 %

Shares of SEVN stock opened at $13.47 on Friday. Seven Hills Realty Trust has a 52 week low of $9.58 and a 52 week high of $14.33. The company has a 50-day simple moving average of $12.76 and a 200 day simple moving average of $12.78.

Seven Hills Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Monday, July 22nd will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date of this dividend is Monday, July 22nd. Seven Hills Realty Trust’s dividend payout ratio is presently 71.98%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. JMP Securities increased their target price on Seven Hills Realty Trust from $13.50 to $14.00 and gave the stock a “market outperform” rating in a research note on Thursday, June 27th. Jonestrading reiterated a “buy” rating and set a $15.00 price objective on shares of Seven Hills Realty Trust in a research report on Tuesday, April 30th.

About Seven Hills Realty Trust

Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.